2-bed · 1,496 sqftMeera Tower, Business Bay · 20th floor · completed 2022

2001, Meera Tower

Sold prices and rental history: sold once, by the developer in February 2023, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2001 · DLD and Ejari recordsUpdated 23 February 2023
Last soldAED 3.18M23 February 2023
Current rentAED 92K /yr15 July 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2001, Meera Tower

What is 2001 worth today?

Last sold for AED 3,179,619 in 2023

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23 Feb 2023Sold by developerReady
AED 3,179,619AED 2,124 per sqft
15 Jul 2022RentedRenewal
AED 92,400/yr12 months · AED 62 per sqft
15 Jul 2021RentedRenewal
AED 92,400/yr12 months · AED 62 per sqft
10 Oct 2020RentedNew contract
AED 92,400/yr9 months · AED 60 per sqft
1 Sep 2019RentedNew contract
AED 120,000/yr12 months · AED 79 per sqft
1 Mar 2018RentedNew contract
AED 140,000/yr13 months · AED 92 per sqft

Source: Dubai Land Department. Updated 23 February 2023.

Key facts

Type
2-bed apartment
Size
1,496 sqft
Floor
20th of 44
Parking
L4-239
Developer
Al Habtoor City Real Estate Development
Completed
2022
Service charge
AED 28,400 /yr
Last sold
AED 3.18M · February 2023
Building
Meera Tower

About 2001, Meera Tower

2001 is a two-bedroom apartment of 1,496 sqft on the 20th floor of Meera Tower, a 44-storey tower in Business Bay completed in 2022 by Al Habtoor City Real Estate Development. The developer sold it on 23 February 2023 for AED 3,179,619, or AED 2,124 per sqft, in line with the AED 2,149 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, renewed on 15 July 2022, is AED 92,400 a year: a gross yield of 2.9% on the 2023 price, before the service charge of about AED 28,400 a year.

Sales and rents for 2001 over time

Sales
Unit 2001, each saleTypical two-bed in Meera Tower
3M3.1M3.2M2022202320242025Typical sale price by year: 2022 AED 3,221,026; 2023 AED 3,141,985; 2024 AED 3,024,189Sold by developer, February 2023: AED 3,179,619 (AED 2,124 per sqft)

2001 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2001, each contractTypical two-bed in Meera Tower
100K150K2018202120242027Typical rent by year: 2018 AED 127,500; 2019 AED 112,500; 2020 AED 95,000; 2021 AED 92,400; 2022 AED 92,400; 2023 AED 160,000; 2024 AED 160,000; 2025 AED 160,000; 2026 AED 150,000New contract, March 2018: AED 140,000 a yearNew contract, September 2019: AED 120,000 a yearNew contract, October 2020: AED 92,400 a yearRenewal, July 2021: AED 92,400 a yearRenewal, July 2022: AED 92,400 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Meera Tower, and where 2001 sits

All 77 2-beds →

2001 last sold in February 2023 at AED 2,124 per sqft, in line with what two-beds in Meera Tower were fetching at the time (AED 2,149). Over the last 12 months two-beds sold for AED 2,675,000, around AED 2,093 per sqft, and rent for AED 105,000 to 200,000 a year. 2001's AED 92,400 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
19 Jun 20262,675,000
13 Oct 20253,250,000
30 Oct 20242,500,000
14 Oct 20243,106,305
1 2-bed sale in the last 12 months

Meera Tower

Building

160 apartments, 1-bed to 4-bed over 44 floors in Business Bay, completed in 2022 by Al Habtoor City Real Estate Development. 4 sold in the last 12 months.

Typical price per sqft
AED 2,066
Typical sale
AED 1.9M
Typical rent
AED 139K /yr
Typical yield
5.2%
Meera Tower, Business Bay: prices, sales and rents →

Other units on the 20th floor

All 160 units in Meera Tower
Value
20031-bedAED 1.87M · Jan 2023
20042-bedAED 3.31M · Jul 2023
20051-bedAED 1.73M · Apr 2026
20061-bedAED 2.28M · Apr 2023
20071-bedAED 2M · Apr 2026
20092-bedAED 2.77M · Jan 2023
20102-bedAED 3.29M · Dec 2022

2001, Meera Tower in numbers

  • Sold once: by Al Habtoor City Real Estate Development on 23 February 2023 for AED 3,179,619, or AED 2,124 per sqft.
  • Rented since March 2018 on 5 Ejari contracts, from AED 140,000 to AED 92,400 a year.
  • At AED 92,400 a year the gross yield on the 2023 price is 2.9%, before a service charge of about AED 28,400 a year (AED 18.99 per sqft).
  • Two-beds in Meera Tower sold for AED 2,675,000–2,675,000 in the 12 months to November 2026; the building's median across all types is AED 2,066 per sqft.

Source: Dubai Land Department. Updated 23 February 2023.

Questions about 2001, Meera Tower

What did unit 2001 last sell for?

AED 3,179,619 on 23 February 2023, sold by the developer: AED 2,124 per sqft for 1,496 sqft. It is the only registered sale of the unit.

What is the rent for unit 2001?

AED 92,400 a year on the contract renewed on 15 July 2022. The previous contract, from July 2021, was AED 92,400; the unit has been rented since March 2018.

How big is unit 2001?

1,496 sqft (139.0 sqm): a two-bedroom apartment on the 20th floor of a 44-storey tower completed in 2022.

What is unit 2001 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Meera Tower sold for AED 2,675,000 to 2,675,000 in the last 12 months, around AED 2,093 per sqft.

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Mortgage on 2001, Meera Tower

Starts from the last sale price (AED 3.18M, 23 February 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,179,619
Deposit, UAE resident (20%)
AED 635,924
Deposit, non-resident (40%)
AED 1,271,848
Monthly over 25 years at 3.7%
AED 13,009

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →